Facebook news (FB): the advertising exodus grows
The latest Starbucks company to stop ads on social media
People wear protective face masks outside of Starbucks in downtown as the city moves to Phase 2 reopening after restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City . Noam Galai | fake pictures Starbucks is the latest company to say it will stop …
Read More »Coca-Cola pausing all advertising on social networks
The Coca Cola company (KO) – Get report He said Friday that he will pause paid advertising on all social media platforms for at least 30 days. The move comes amid a growing Facebook boycott (full board) – Get report for failing to take action against incendiary content, including the …
Read More »Mark Zuckerberg loses $ 7.2B from Facebook advertising boycotts
Billionaire Mark Zuckerberg took a $ 7.2 billion hit after multiple companies withdrew their Facebook ads, citing the company’s failure by police to hate speech and disinformation on its site. The company’s shares fell 8.3 percent on Friday, the most in three months after Unilever, one of the world’s largest …
Read More »Zuckerberg Says Facebook Will Crack Down Hate Speech As Ad Boycott Expands
Mark Zuckerberg said Facebook will accelerate the crackdown on hate speech, less than an hour after consumer products giant Unilever announced that it was removing all Facebook ads for the rest of the year. Under pressure from a small but growing list of big advertisers, the 36-year-old Facebook chief said …
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